Payover. If BFC receives any payment for any HSBC RAL, BFC shall deliver such payment to the Servicer for deposit into the applicable Deposit Account as provided in Section 3.2 of the Servicing Agreement.
Payover. If BFC receives any payment or makes any application on account of its Participation Interest in any Participated Pool RAL, BFC shall promptly pay over to HSBC TFS the amount in excess of the Applicable Percentage of the amount so received or applied and until so paid over, the same shall be held by BFC in trust for HSBC TFS.
Payover. Subject to the First Lien Pledge, after the occurrence and during the continuation of an Event of Default, Debtor shall make payment of any Collateral which is due and owing to Debtor directly to Secured Party until the termination of this Security Agreement.
Payover. Except as otherwise provided in the Loan Agreement, the Debtor shall deliver any funds attributable to the Collateral directly to the Lockbox.
Payover. After the occurrence and during the continuation of an Event of Default, Debtor shall make payment of any Collateral which is due and owing to Debtor directly to Secured Party until the termination of this Security Agreement.
Payover. If BFC receives any payment or makes any application on account of its Participation Interest in any Participated Pool RAL, BFC shall promptly pay over to Tax Masters the amount in excess of the Applicable Percentage of the amount so received or applied and until so paid over, the same shall be held by BFC in trust for Tax Masters.
Payover. If BFC receives any payment or makes any application on account of its Participation Interest in any Participated Pool RAL, BFC shall promptly pay over to HTMAC the amount in excess of the Applicable Percentage of the amount so received or applied and until so paid over, the same shall be held by BFC in trust for HTMAC.
Payover. Such holder shall forthwith pay over, transfer and deliver such Distribution to the Senior Agent or any other agent appointed for such purpose by the holders of a majority in outstanding principal amount of Senior Debt, for the benefit of the holders of Senior Claims and for application to the payment of Senior Claims until all Senior Claims have been paid in full in cash; and
Payover. Roseland Property shall from time to time pay to the Purchaser, when received, any amounts that shall be received directly or indirectly by Roseland Property (including amounts received as interest) in respect of any of the Transferred Assets sold, assigned or transferred to the Purchaser pursuant hereto and the Purchase Agreement.
Payover. Roseland Property shall from time to time pay to Assignee, when received, any amounts that shall be received directly or indirectly by Roseland Property (including amounts received as interest) in respect of any of the Intangible Rights sold, assigned or transferred to Assignee pursuant hereto and the Purchase Agreement.
